Sensex Reverses Early Losses, Climbs 437 Points, Nifty Settles Above 16,600; RIL, TCS Among Top Gainers
NDTV
Indian equity benchmarks on Thursday recovered from early losses to settle higher, driven by gains in technology and energy stocks.
Indian equity benchmarks on Thursday recovered from early losses to settle higher, driven by gains in technology and energy stocks. The domestic indices snapped their 2-day losing run on strong buying interest in the index heavyweights Tata Consultancy Services (TCS) and Reliance Industries (RIL).
The 30-share BSE Sensex jumped 437 points or 0.79 per cent to close at 55,818, while the broader NSE Nifty moved 105 points or 0.64 per cent up to settle at 16,628.
Mid- and small-cap shares finished on a positive note as Nifty Midcap 100 gained 0.68 per cent and small-cap surged 0.61 per cent.
10 out of the 15 sector gauges -- compiled by the National Stock Exchange -- settled in the green. Sub-indexes Nifty IT and Nifty Oil and Gas outperformed the platform by rising as much as 1.82 per cent and 2.28 per cent, respectively.
